Scb X Pcl
SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia. The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region. With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Scb X Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scb X Pcl's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Scb X Pcl's reported carbon emissions
In 2023, SCB X Public Company Limited reported total greenhouse gas emissions of approximately 11,518,000 kg CO2e for Scope 1 and 53,866,000 kg CO2e for Scope 2. The company also disclosed Scope 3 emissions, which included 967,000 kg CO2e from business travel, 442,000 kg CO2e from employee commute, 30,061,000 kg CO2e from purchased goods and services, and 1,152,000 kg CO2e from waste generated in operations. Over the past few years, SCB X has made significant strides in reducing its carbon footprint. In 2022, the company reported Scope 1 emissions of about 7,514,000 kg CO2e and Scope 2 emissions of approximately 62,643,000 kg CO2e. This indicates a commitment to improving its sustainability practices. SCB X has set ambitious climate targets, committing to achieve a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2023 as the base year. Additionally, the company aims to measure and reduce its Scope 3 emissions as part of its long-term strategy to reach net-zero emissions by 2050 across all scopes. The company’s climate commitments align with the Science Based Targets initiative (SBTi), reflecting its dedication to addressing climate change and contributing to global efforts to limit warming to 1.5°C. SCB X's portfolio targets cover 20% of its total investment and lending by total assets, demonstrating a proactive approach to sustainable finance.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 7,514,000 | 00,000,000 |
| Scope 2 | 62,643,000 | 00,000,000 |
| Scope 3 | 37,341,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Scb X Pcl is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
